Riderwood Square Homeowners Association

Key facts from Riderwood Square Homeowners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condo (Recital D: Common Interest Subdivision u)

Legal name

Riderwood Square Homeowners Association

Units / lots

3 lots (Lot 1, Lot 2, Lot 3) as described in Recital A (Recital A, Page 9-10)

Developer / declarant

City of Santee

Governing law

Davis-Stirling Common Interest Subdivision Act (California Civil Code §1350 et seq.) (Recital D, Page 10)

Assessments & dues

Determined annually by Board; not fixed amount (Section 4.3, Page 21)

Special assessments

Board may levy special assessments for capital improvements or extraordinary expenses; if aggregate exceeds 5% of budgeted gross expenses, requires majority vote/quorum. (Section 4.4.1, Page 23)

Collections & liens

Assessments become lien upon recordation of notice; enforceable by sale per Civil Code §2924 et seq.; Association may bid at foreclosure; lien subordinate to first mortgage; first mortgage foreclosure extinguishes Assessment liens for amoun (Sections 4.1, 4.7, 4.8, Page 21-25)

Reserves & fees

Board fixes amount for reserve fund; separate account; reserve study required at least every 3 years if replacement value of major components ≥ half gross budget; Board may temporarily transfer reserve funds to operating account (per Civil (Sections 4.4.2, 5.1.11, 5.1.12, 5.2.8; P)

Pets

Yes, one usual household pet per Condominium. (Section 7.6, Page 29)

Leasing & rentals

Yes, Owners may lease Condominiums subject to restrictions. (Section 2.12, Page 18)

Parking & vehicles

Commercial vehicles with logo, truck (other than standard pickup or van), inoperable automobile, boat, etc. not allowed to remain more than 2 consecutive days; commercial vehicles defined exclude sedans and standard pickups/vans used for bu (Section 7.4, Page 29)

Architectural approval

Yes, Architectural Review Committee must approve all improvements, alterations, construction. No building, fence, wall, etc. shall be commenced without written approval and required governmental permits. (Section 7.8, Page 30; Article VIII gener)

Maintenance

Not explicitly stated; likely Association (common area component).

Insurance

Association shall maintain casualty insurance (Section 9.1.1), liability insurance (9.1.2), workers compensation (9.1.3), directors liability (9.1.4), fidelity bond (9.1.5), and other insurance as Board deems appropriate. (Article IX, Page 36)

Voting & meetings

One vote per Condominium; when multiple owners, only one vote cast; fractional votes not allowed; joint owner disputes lead to loss of vote or void votes (Section 3.4 and 3.5, Page 19-20)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.